Activist investor Carl Icahn's empire said on Wednesday it is fielding inquiries about its operations from U.S. prosecutors, a week after a short-seller accused it of over-valuing its assets, sending its shares down 18%.
Robinhood Markets Inc on Wednesday surpassed Wall Street estimates for first-quarter revenue, as the U.S. Federal Reserve's rapid rate hikes boosted the online brokerage's interest income.
Bain Capital is seeking to raise $4 billion for a new global "special situations fund" as the U.S. firm sees an opportunity to snap up distressed investments in a broad range of asset classes, two people familiar with the matter said.